The UK has jailed a former National Crime Agency officer who stole and spent Bitcoin seized from Silk Road 2.0 co-founder Thomas White.
The memecoin mania has returned in full swing, and FLOKI and BONK are leading the charge with explosive rallies. While the broader market strolls cautiously, these two assets have bucked the trend, delivering double-digit gains. The drive for their rallies comes from technical breakouts and strong fundamental catalysts. As trading volumes surge and momentum builds, …
The crypto market today is showing strong bullish momentum, with the Ethereum price emerging as the clear leader. On July 14, Bitcoin price briefly touched $123,000 before cooling off. While BTC posted a modest 0.7% gain in the past 24 hours, Ethereum surged by 7.3%, XRP by 7.7%, BNB by 3.4%, Solana by 5.2%, Dogecoin …
Ethereum price today is back in the spotlight after crossing $3,400 for the first time in five months, and traders are buzzing with predictions. This surge comes after Ethereum formed a key technical pattern, the inverse head and shoulders, a strong bullish signal often seen before major rallies. This breakout has sparked huge optimism, with …
A cryptocurrency analyst has explained how an XRP close above this level could trigger a run to $4.80, based on a technical analysis pattern. XRP Could See A Surge To New Highs If It Manages This Weekly Close In a new post on X, analyst Ali Martinez has cited a technical analysis (TA) pattern to talk about where XRP can go next. The pattern in question is a Parallel Channel. Parallel Channels form whenever an asset’s price observes consolidation between two parallel trendlines. The upper line of the pattern is likely to be a source of resistance, while the lower one that of support. A break out of either of these levels can imply a continuation of trend in that direction. There can be different types of Parallel Channels, depending on how the trendlines are oriented with respect to the axes. When they are slopped upwards, the pattern is known as an Ascending Channel. Similarly, them having a negative slope makes the formation a Descending Channel. Related Reading: Bitcoin Next Key Level Is $136,000 If Momentum Holds, Glassnode Says In the context of the current topic, the third and the most ordinary type is of relevance: a Parallel Channel with trendlines parallel to the time-axis. This pattern corresponds to true sideways consolidation in the cryptocurrency. Below is the chart shared by the analyst that shows the Parallel Channel that the 1-week price of XRP has seemingly been following during the last few months. As is visible in the graph, the weekly XRP price has observed a sharp surge recently and closed in on the upper level of the Parallel Channel. If the asset’s current trajectory maintains, it could end up making a retest of the upper line situated around $3. Earlier in the year, the cryptocurrency encountered resistance at the mark, so it’s possible that something similar could occur this time as well. In the event that it is able to surge past the line, however, a bullish breakout might take place. “A weekly close above $3 could send XRP to a new all-time high of $4.80!” says Martinez. From the current price of the coin, a rally to this target would imply a gain of about 56%. Related Reading: Bitcoin Falls Below $117,000 Amid $3.5 Billion Profit-Taking Frenzy It now remains to be seen whether the digital asset will manage to escape out of the Parallel Channel and if it does, whether a bull run of this magnitude would follow. In some other news, the 1-week price of Ethereum is also heading toward the resistance line of a Parallel Channel, as the analyst has pointed out in another X post. “A key resistance level ahead for Ethereum $ETH is $3,980,” notes Martinez. “Breaking above it could ignite a major bull rally!” XRP Price XRP has seen a fresh 7% surge in the last 24 hours that has taken its price to $3.08. Featured image from Dall-E, charts from TradingView.com
The platform aims to close the cash yield gap between Europe and the U.S., projecting to reach $1 billion in AUM by the end of the year.
Coinbase is fighting back against a lawsuit from the state of Oregon, arguing that the case should be handled in federal court and not at the state level. The crypto exchange says the case deals with national issues that could affect how digital assets are regulated across the U.S. Paul Grewal, Coinbase’s Chief Legal Officer, …
In a latest post on X, Ripple revealed that it is introducing a new metadata standard for XRP ledger’s (XRPL) multipurpose tokens to make it easier to discover, rank, and integrate. Ripple aims to expand its institutional decentralized finance (DeFi) on the XRPL by 2025. Ripple Introduces New Metadata Standard for XRP Ledger The new …
Solana-based DEX Raydium has cumulatively spent $190 million to repurchase 69 million RAY, the project noted.
Matador Technologies plans to accumulate 6,000 BTC by 2027 — 1% of total supply — via a $656 million funding strategy, aiming to become a top 20 corporate Bitcoin holder.
Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset bills in a narrow vote. This effort follows Tuesday’s failed attempt to advance the proposed legislation to a floor debate during the “Crypto week.” Related Reading: SUI Eyes 140% Move As Price Reclaims $4 – New ATH Imminent? US House Passes Motion To Reconsider On Wednesday, the US House of Representatives voted on a motion to reconsider three major crypto legislations that failed to pass their procedural vote on Tuesday. As reported by NewsBTC, Congress’s lower chamber blocked the motion in a 196-223 vote, with 13 Republicans siding with the Democrats. Following the failed vote, Lawmakers had reportedly planned to hold a vote to reconsider the motion for later in the day, but it was ultimately scheduled for Wednesday morning. On Tuesday night, US President Donald Trump personally met with 11 of the 12 Republican representatives needed to pass the bills, securing their support. The lawmakers met for the second time this week to decide the fate of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, the Digital Asset Market Clarity (CLARITY) Act of 2025, and the anti-CBDC (Central Bank Digital Currency) bill. The motion to reconsider the trio of bills cleared the House in a 215-211 vote, with all Republican representatives voting in favor this time. Now, the US House prepares to hold a new procedural vote later today and decide whether to send the three landmark bills to a final vote. Representative Andy Harris shared on X that “House Freedom Caucus Members will be voting in favor of the rule today after reaching an agreement with President Trump last night.” Under the agreement, the House Committee on Rules will meet today to include “clear, strong, anti–Central Bank Digital Currency (CBDC) provisions to the CLARITY legislation” to ensure Americans are “protected from government overreach into their financial privacy.” Crypto Legislation Faces New Challenges Despite the crucial approval of a motion to reconsider, the bills now face a new roadblock. Politico reporter Meredith Lee Hill revealed that “there’s another crypto mess unfolding on the House floor.” In a series of X posts, the journalist affirmed that the potential merger of two of the three crypto legislations could pose a problem for the upcoming vote. Seemingly, the House Grand Old Party (GOP) leaders are trying to combine the House’s market structure and anti-CBDC bills after passing the floor. However, Republicans from the House Financial Services Committee are hesitating at that plan, as it “will doom Clarity.” House Agriculture Committee Republican representatives also consider that combining the two bills could kill the CLARITY Act, arguing that “even the threat of doing this emergency rules meeting may have already done so.” Journalist Eleanor Terret added that combining the bills could make CLARITY harder to pass because “they risk losing Dem votes over the anti-CBDC language.” A GOP Senate staffer reportedly told Terret that they are “just hoping the House can move something, anything, so crypto legislation can survive to the next step. We have options to move forward, but no one wants another failed vote that kills momentum.” Related Reading: Top Crypto Exchanges Made $172 Million From TRUMP Memecoin Listing – Report Meanwhile, the GENIUS Act would remain a standalone bill, despite previous attempts to merge it with the market structure bill. Since it already passed the Senate, the bill only needs to pass the final House vote to head to President Trump’s desk. Despite the legislative uncertainty, the crypto market continues to recover from yesterday’s drop, with Bitcoin (BTC) holding the $119,000 area as support. Featured Image from Unsplash.com, Chart from TradingView.com
After a quiet June, the crypto market is showing fresh signs of life Altcoin season. Top cryptocurrencies, including SEI, SUI, Ethereum, and XRP Price, are making notable moves. According to analysts, this altcoin rally might be led by solid Layer-1 blockchains, marking a shift away from the memecoin-driven hype. Ethereum Price Breaks Out with Bullish …
Coinbase's Base app, described as "game-changing," combines cryptocurrency, AI, and social media into a single, all-in-one platform.
The GENIUS Act, also known as “Guiding and Establishing National Innovation for US Stablecoins,” is expected to bring big changes to the crypto world. Once passed, this new law will introduce the first official rules for stablecoins in the United States. It will focus on making stablecoins safer, more transparent, and widely accepted in the …
A nearly 10-hour procedural vote, the longest in House history, saw GOP lawmakers flip-flop on major crypto bills amid late-night talks.
The same bitcoin whale transferred 40,010 BTC to Galaxy Digital earlier this week, according to Arkham, signaling potential selling.
Amid the growing global demand for cryptocurrency in 2025, some assets experienced massive growth. According to the analysis, Binance, OKX, Bybit, and Bitget are the top four exchanges in Q2 2025 in terms of spot and derivatives markets. As Bitcoin skyrocketed in recent days and made history with the value of $122,000, the crypto exchanges’ …
Dogecoin started a fresh increase above the $0.20 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.2120. DOGE price started a fresh increase above the $0.1880 and $0.20 levels. The price is trading above the $0.20 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh rally if it clears the $0.2120 and $0.2180 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1880 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1950 and $0.200 resistance levels. The bulls even pushed the price above the $0.2120 resistance. Finally, the price traded close to the $0.2220 resistance. A high was formed at $0.2205 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.1885 swing low to the $0.2205 high. Dogecoin price is now trading above the $0.2020 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.2120 level. The first major resistance for the bulls could be near the $0.2150 level. The next major resistance is near the $0.2220 level. A close above the $0.2220 resistance might send the price toward the $0.2320 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2650. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2120 level, it could start a downside correction. Initial support on the downside is near the $0.2060 level or the trend line zone. The next major support is near the $0.2040 level or the 50% Fib retracement level of the upward move from the $0.1885 swing low to the $0.2205 high. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might decline toward the $0.1950 level or even $0.1880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2060 and $0.20. Major Resistance Levels – $0.2120 and $0.2220.
The rise in popularity of the Coinbase app is often seen as a sign of renewed retail interest, but there’s still debate whether retail has truly returned.
Bitcoin (BTC) is showing signs of recovery following a brief market retreat triggered by the latest US Consumer Price Index (CPI) update. The asset had slipped to lows near $116,000 following inflation data. However, BTC has rebounded since, reaching $119,248 earlier today and trading at $119,187 at the time of writing, roughly 3.1% below its all-time high of $123,000 set earlier this week. While broader macroeconomic concerns are shaping price sentiment, new on-chain metrics from the mining sector are drawing attention. A CryptoQuant analyst has watched miner activity closely, as some key indicators suggest that miners may be preparing to sell. This development could influence short-term price action, though the broader outlook for Bitcoin remains largely unchanged, according to the analyst. Bitcoin Miner Behavior Points to Short-Term Pressures CryptoQuant contributor Avocado Onchain highlighted in a recent post that the Miner Position Index (MPI) has jumped to 2.7. This index compares the amount of Bitcoin being moved by miners to exchanges with the historical one-year average. A high MPI reading generally implies increased selling intent, as miners move assets to trading platforms. Avocado noted that the current reading may indicate mild selling pressure, which could contribute to a near-term correction or sideways trading pattern. However, he also emphasized that the current MPI value is still far from the elevated levels typically observed at market cycle peaks. The analyst suggested that this activity may be part of a recurring intra-cycle trend in which brief corrections are followed by further upward movement. He advised that it remains uncertain whether this miner activity marks a one-off event or signals a larger selling wave. Either scenario may affect short-term volatility, but not necessarily the broader trajectory. Network Flows Support the Data Trend In a separate analysis, CryptoQuant contributor Arab Chain examined the implications of increased miner activity. According to their findings, network data reveals a noticeable uptick in miner-related movements, levels last seen in November 2024. Arab Chain explained that while miner activity on the blockchain is rising, this alone doesn’t confirm sales unless Bitcoin is transferred to exchanges. Related Reading: Bitcoin OG Whale Moves 40,000 BTC To Galaxy, Triggering Market Shock To further validate the outlook, Arab Chain analyzed platform inflow data. They observed a correlation between BTC transfers to exchanges and Bitcoin’s recent climb above $116,000. This movement may indicate that miners view current prices as favorable for selling, possibly to cover operational costs or secure liquidity. The data also hints at miners anticipating a potential correction, which could drive more transfers and further market fluctuations. They concluded that the extent of any correction would largely depend on whether this wave of miner activity persists. Featured image created with DALL-E, Chart from TradingView
Coinbase is transforming its wallet into Base App, a crypto-native app combining social media, trading, payments, and mini-apps.
Spot Ether ETFs saw record daily inflows on Wednesday, led by BlackRock and Fidelity, pushing total holdings to cross over 4% of the token’s circulating supply.
XRP is currently showing signs of upward trend, trading just above the $3 support level. This level, which previously acted as resistance, has now flipped into short-term support. As of July 17, XRP is stuck in a critical zone between $2.90 and $3.00, an area that has historically acted as a major barrier for further …
Bank of America is holding back on stablecoins, with CEO Brian Moynihan citing regulatory uncertainty and limited customer demand.
Lookonchain first noticed the whale in early July, noting its eight wallets received Bitcoin in April and May 2011, before going dormant for over a decade.
XRP price started a fresh increase and traded above the $3.020 zone. The price is now consolidating gains and might continue to rise above the $3.10 support zone. XRP price started a fresh increase above the $3.020 zone. The price is now trading above $2.950 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.880 zone. XRP Price Eyes More Upsides XRP price started a fresh increase after it settled above the $2.840 level, like Bitcoin and Ethereum. The price was able to climb above the $2.950 resistance level. The bulls remained in action and the price gained pace for a move above $3.00 barrier. Finally, the price tested the $3.10 zone. A high was formed at $3.10 and the price is now consolidating gains. There was a move below the $3.050 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.660 swing low to the $3.10 high. The price is now trading above $2.950 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.020 level. The first major resistance is near the $3.050 level. A clear move above the $3.050 resistance might send the price toward the $3.10 resistance. Any more gains might send the price toward the $3.120 resistance or even $3.150 in the near term. The next major hurdle for the bulls might be near the $3.20 zone. Downside Break? If XRP fails to clear the $3.00 resistance zone, it could start another decline. Initial support on the downside is near the $2.950 level and the trend line zone. The trend line is close to the 50% Fib retracement level of the upward move from the $2.660 swing low to the $3.10 high. The next major support is near the $2.880 level. If there is a downside break and a close below the $2.880 level, the price might continue to decline toward the $2.840 support. The next major support sits near the $2.750 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.950 and $2.840. Major Resistance Levels – $3.00 and $3.10.
The US House has moved forward three crypto bills after a record-long procedural vote saw a group of Republicans hold out to ensure language banning CBDCs.
Bitcoin (BTC) is currently stabilizing within the $116,000 to $120,000 range. However, fresh liquidity totalling $2 billion in stablecoins could help propel the flagship cryptocurrency to new all-time highs (ATHs). Bitcoin To Benefit From Fresh Liquidity According to a CryptoQuant Quicktake post by contributor Amr Taha, more than $2 billion worth of stablecoins – primarily Tether (USDT) – were deposited into major derivatives trading platforms earlier today. Related Reading: Bitcoin Profit-Taking Spikes Without Price Drop – Strong Demand Or Delayed Reaction? Taha believes that this surge in inflows signals increased appetite for leveraged positions among seasoned traders, many of whom are anticipating a potential breakout in BTC’s price. Notably, this fresh batch of USDT was minted by Tether Treasury, suggesting institutional demand is driving the activity. Historically, large-scale stablecoin inflows have preceded bullish market momentum, as traders often use them to open long positions on Bitcoin and altcoin futures and perpetual contracts. Rapid stablecoin deposits into derivatives exchanges often act as a leading indicator for major price rallies. Meanwhile, fellow CryptoQuant contributor TraderOasis pointed to rising Open Interest, noting that it is increasing alongside BTC’s price – a classic signal of strong bullish sentiment. To explain, rising open interest in tandem with a rising Bitcoin price typically signals increasing market participation and bullish sentiment, as more traders are opening positions expecting further upside. However, it can also indicate a buildup of leverage, which may lead to heightened volatility or a sharp correction if sentiment shifts. The analyst also highlighted the Coinbase Premium Index, which remains above zero – a sign that US-based buyers are paying a premium over global spot prices. They added that the indicator is currently within a ‘Breaker’ structure, sharing the following chart for context. TraderOasis noted that while BTC price is rising, the Coinbase Premium Index indicator has remained relatively flat. The analyst explained: This suggests to me that major players are taking profits. If the descending trend structure I marked with an arrow is broken, the price is likely to rise much more strongly. On the other hand, if the indicator drops below the ‘0’ level, I may consider it a buying signal, as we are still in a macro bullish market. Short-Term Pullback For BTC? While the $2 billion stablecoin injection is likely to act as a bullish catalyst for BTC and the broader crypto market, some exchange data suggests a potential short-term pullback before the next leg up. Related Reading: No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential For instance, BTC deposits to exchanges spiked after the digital asset hit a recent high around $123,000 – a pattern that often precedes local tops and is typically followed by a price correction. That said, despite recent profit-taking, BTC has not experienced a major price drop, pointing to robust underlying demand. At press time, BTC trades at $119,171, up 2.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Tokenholders of Trump’s World Liberty Financial voted to make their tokens tradable in a landslide vote, which closed on Wednesday.
Ethereum price started a fresh increase above the $3,220 zone. ETH is now consolidating gains and might correct lower toward the $3,220 zone. Ethereum started a fresh increase above the $3,150 level. The price is trading near $3,250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,220 zone in the near term. Ethereum Price Extends Gains Above $3,300 Ethereum price started a fresh increase above the $3,000 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,050 resistance zone and entered a positive zone. The bulls even pumped the price above $3,250. Finally, it tested the $3,420 zone. A high was formed at $3,423 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,935 swing low to the $3,423 high. Ethereum price is now trading above $3,300 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,350 level. The next key resistance is near the $3,400 level. The first major resistance is near the $3,420 level. A clear move above the $3,420 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650 in the near term. Are Downsides Supported In ETH? If Ethereum fails to clear the $3,420 resistance, it could start a downside correction. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,220 zone. A clear move below the $3,220 support might push the price toward the $3,180 support. Any more losses might send the price toward the $3,050 support level in the near term. The next key support sits at $3,020. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,300 Major Resistance Level – $3,420